@ TSJ: The video said it's in the alpha stage. It likely isn't complete.
Anyway, I watched the video, and it looks like a sprite edit of DSHIZNETZ Lucario. Since I already have a feel for the original character, I must say that this is a like it or hate it character for those who have the original, and a choice of one or the other for those who don't.
It's a novel concept, but not the most creative in execution without major edits.
If you add some "Green Lantern Lucario" only attacks (maybe a green energy blast from one fist), then it will be a good character for an "Indie" MUGEN.